Private Sector Credit in Nigeria increased to 31245161.48 NGN Million in March from 30720797.93 NGN Million in February of 2021. source: Central Bank of Nigeria (CBN)
Private Sector Credit in Nigeria averaged 8464885.30 NGN Million from 1993 until 2021, reaching an all time high of 31245161.48 NGN Million in March of 2021 and a record low of 81687.64 NGN Million in January of 1993. This page provides - Nigeria Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Private Sector Credit - values, historical data and charts - was last updated on May of 2021.
Private Sector Credit in Nigeria is expected to be 30000000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Nigeria to stand at 27500000.00 in 12 months time. In the long-term, the Nigeria Private Sector Credit is projected to trend around 28000000.00 NGN Million in 2022 and 29000000.00 NGN Million in 2023, according to our econometric models.